Arkansas Code § 25-20-423

Termination or dissolution
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The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for: (1) The termination or dissolution of the authority; (2) The winding up of the authority's affairs; and (3) Appropriate disposal or distribution of the authority's property. Acts 2003, No. 366, § 1.
The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for: (1) The termination or dissolution of the authority; (2) The winding up of the authority's affairs; and (3) Appropriate disposal or distribution of the authority's property. Acts 2003, No. 366, § 1.
The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for: (1) The termination or dissolution of the authority; (2) The winding up of the authority's affairs; and (3) Appropriate disposal or distribution of the authority's property. Acts 2003, No. 366, § 1.
The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for:
(1) The termination or dissolution of the authority;
(2) The winding up of the authority's affairs; and
(3) Appropriate disposal or distribution of the authority's property.
Acts 2003, No. 366, § 1.

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